Acxiom Corporation (NASDAQ:ACXM) – Dougherty & Co issued their Q2 2018 earnings per share (EPS) estimates for shares of Acxiom Corporation in a research note issued on Thursday. Dougherty & Co analyst R. Mattson anticipates that the information technology services provider will post earnings of $0.04 per share for the quarter. Dougherty & Co has a “Buy” rating on the stock. Dougherty & Co also issued estimates for Acxiom Corporation’s FY2018 earnings at $0.35 EPS.

Other equities analysts also recently issued reports about the company. BMO Capital Markets reiterated a “buy” rating and set a $32.00 target price on shares of Acxiom Corporation in a research report on Sunday, July 16th. Zacks Investment Research upgraded Acxiom Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 18th. Cantor Fitzgerald reiterated an “overweight” rating and set a $35.00 target price on shares of Acxiom Corporation in a research report on Wednesday, June 14th. Finally, BidaskClub upgraded Acxiom Corporation from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 19th. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. Acxiom Corporation has an average rating of “Hold” and a consensus price target of $33.20.

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Shares of Acxiom Corporation (ACXM) opened at 22.10 on Monday. The company’s 50 day moving average price is $25.45 and its 200-day moving average price is $27.11. Acxiom Corporation has a 1-year low of $22.03 and a 1-year high of $30.40. The company’s market capitalization is $1.76 billion.

Acxiom Corporation (NASDAQ:ACXM) last released its quarterly earnings data on Thursday, August 3rd. The information technology services provider reported $0.14 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.14. Acxiom Corporation had a positive return on equity of 3.22% and a negative net margin of 0.13%. The company had revenue of $213 million for the quarter, compared to analyst estimates of $217.32 million. During the same period in the previous year, the company posted $0.15 EPS. The firm’s revenue for the quarter was down .8% compared to the same quarter last year.

In other news, Director Clark M. Kokich sold 3,855 shares of the business’s stock in a transaction dated Wednesday, June 21st. The stock was sold at an average price of $25.84, for a total value of $99,613.20. Following the transaction, the director now directly owns 80,506 shares in the company, valued at $2,080,275.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.54% of the stock is owned by insiders.

Several institutional investors have recently made changes to their positions in the stock. ETF Managers Group LLC acquired a new position in shares of Acxiom Corporation during the second quarter valued at approximately $119,000. Riverhead Capital Management LLC increased its position in shares of Acxiom Corporation by 73.9% in the second quarter. Riverhead Capital Management LLC now owns 4,694 shares of the information technology services provider’s stock valued at $122,000 after buying an additional 1,994 shares during the last quarter. Meadow Creek Investment Management LLC increased its position in shares of Acxiom Corporation by 0.6% in the first quarter. Meadow Creek Investment Management LLC now owns 4,368 shares of the information technology services provider’s stock valued at $124,000 after buying an additional 28 shares during the last quarter. Glen Harbor Capital Management LLC increased its position in shares of Acxiom Corporation by 0.6% in the first quarter. Glen Harbor Capital Management LLC now owns 5,304 shares of the information technology services provider’s stock valued at $151,000 after buying an additional 34 shares during the last quarter. Finally, LS Investment Advisors LLC increased its position in shares of Acxiom Corporation by 20.5% in the second quarter. LS Investment Advisors LLC now owns 6,172 shares of the information technology services provider’s stock valued at $160,000 after buying an additional 1,050 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Acxiom Corporation Company Profile

Acxiom Corporation (Acxiom) is a technology and enablement services company. The Company operates through three business segments: Marketing Services, Audience Solutions, and Connectivity. The Company’s Marketing Services segment helps clients to unify data at individual level. The Audience Solutions segment helps clients to validate the accuracy of their people-based data, enhance it with additional insight and keep it up to date, enabling clients to reach desired audiences with relevant messages.

Earnings History and Estimates for Acxiom Corporation (NASDAQ:ACXM)

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